Reinstates for a five-year period beginning after enactment of this Act the authority for Small Business Administration (SBA) low-interest refinancing of small business debt not involving business expansion under the SBA's local development business loan program.

Repeals a provision of the Small Business Jobs Act of 2010 that terminated such authority as of September 26, 2012. Restores and revives any provision of law struck by the provision, and any regulations promulgated pursuant to it as they were in effect on that date.

]]>2015-05-12T04:00:00Z2015-05-12HR2266CREED Act of 2015DJudyC001080ChuC00108019707837Rep. Chu, Judy [D-CA-27]CA27966CREED Act of 2015SCRSRelated bill2016-05-26By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-266.114Government lending and loan guaranteesSmall businessCommerce2018-11-08T23:15:50Ztext/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.Congressional Research Service, Library of CongressThis file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.